FLIK Receives Private Investment; Updates ICO

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FLiK is excited to announce that the company has secured a significant investment through a private placement offering in accordance with the Securities & Exchange Commission (SEC) Rule 501 of Regulation D. FLiK’s founder, Ryan Felton, says, “We’re pleased that our investors have seen the outstanding potential of FLiK. This investment allows us to complete the buildout and deployment of our streaming platform.  Additionally, we have lowered the amount of capital we aim to raise via our ICO, which will be used to license content libraries from major studios.  As a result, our token buyers are able to acquire a substantial amount of FLIK tokens at significantly reduced pricing”.  To achieve this, we are making the following changes to our ICO:
  • ​For every FLIK token you purchase, you will receive 9 additional FLIK tokens at the conclusion of the sale.
  • The sale will be closed once 50,000,000 tokens have been purchased or on September 20; whichever comes first.

​Token Distribution:

When you purchase your FLIK tokens, you will automatically receive your tokens in you Ethereum ERC20 compatible wallet. Then, at the conclusion of our sale, you will receive an additional 9 tokens for every 1 token you purchased.  Buyers who have purchased tokens prior to this update, will also receive 9 additional tokens for every 1 token purchased at the conclusion of the sale.

For example, if you purchase 1,000 FLiK Tokens today:

  • You Receive 1,000 FLIK today
  • You Receive 9,000 FLIK at the conclusion of the sale
  • You Receive 10,000​​ in total​

ETH/FLIK Conversion Examples:

  • .002 ETH = 10 FLIK
  • .02 ETH = 100 FLIK
  • .2 ETH = 1,000 FLIK
  • ​2 ETH = 10,000 FLIK
  • 20 ETH = 100,000 FLIK
  • 200 ETH = 1,000,000 FLIK

The post FLIK Receives Private Investment; Updates ICO appeared first on ICO Timeline.

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